Development approval for a Boat Storage Facility.
Projected Income for Approved Stackable Boat Storage Facility
- Average Gross Income from Dry Storage @ 80% occupancy expected to be $140,000 per month
- Hardstand plus other Income expected to be $90,000 per month on completion
- Gross Total Expected $230,000 per month on completion
- Gross Total Expected $2,700,000 per annum

A marina and boat yard situated on Eprapah Creek in the Redlands suburb of Thornlands. It comprises a large dwelling that acts as the marina office and store, a recently developed wet basin, and a range of improvements utilized by the marina including sheds, workshops, boat ramp and hardstand storage areas.
The marina is a long established operation and derives income from hardstand rental, shed and workshop rental, movements in and out of the water, shop sales and a range of sundry services.
A range of development approvals have been issued over the property that allow it to operate in its current form. The most recent development approval was for a Boat Storage Facility

Improvements – General
The property is improved with a variety of small scale industrial buildings, a two storey dwelling, wet basin and gravel hardstand. These allow for the operation of the site as a marina.

Accommodation Workshops and Sheds 8 sheds (4x 204m2 + 4x 180m2)
All comprise concrete floor with open ends. Heights vary from 5 to 8 metres with entries opening onto the hardstand area to allow the movement of vessels. Each bay provides basic accommodation including high bay lighting and power supply. There are shared amenities that service the whole of the site.

Location Particulars
The property is located in the Redlands suburb of Thornlands, approximately 28 radial kilometres south east of the Brisbane City centre.
Redland City, better known as the Redlands, is a local government area located in the southeast of the Brisbane metropolitan area in South East Queensland. It is spread along the southern coast of Moreton Bay covering 537.1 square kilometres (207.4 sq mi). Its mainland borders the City of Brisbane to the west and north-west, and Logan City to the south-west and south, while its islands are situated north of the City of Gold Coast. 2012 Census data recorded a population of 145,336.
Large mainland suburbs include Capalaba, Cleveland, Victoria Point and Redland Bay. North Stradbroke Island and smaller nearby islands, most notably those of Southern Moreton Bay, comprise the eastern portion of the Redlands.